Used EVs just hit a sales record – a much bigger wave is coming
Used EV sales are picking up serious momentum in the US – and now there’s hard data to back it up.
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Cox: EVs are America’s future, but policy will set the pace
The US EV market closed out 2024 on a high note despite swirling uncertainty about the future of federal tax incentives. Cox Automotive’s newly released Q4 data shows a record 365,824 EVs sold – up 15.2% from the previous quarter – and annual EV sales of 1.3 million, a 7% increase from 2023.
We spoke with Stephanie Valdez Streaty, strategic planning director at Cox Automotive, about how these strong numbers underscore growing consumer interest in electrified transportation, even as key federal policies remain in flux.
Expand Expanding CloseCox Automotive: 1 in 4 vehicles sold in 2025 will be ‘electrified’
US EV sales will continue to grow in the year ahead, accounting for 1 in 4 vehicles sold in 2025, according to Cox Automotive’s 2025 Outlook.
Expand Expanding CloseElectric pickup maker Rivian can’t stop raising money, adds $350 million from Cox Automotive
Rivian, a startup trying to bring an electric pickup truck and electric SUV to market, has been raising a lot of money this year. After large investments from Ford and Amazon, the startup is now announcing a $350 million investment from Cox Automotive.
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